In terms of revenue, the global airless tire market was valued at US$ 173.3 million in 2018 and is projected to reach US$ 270.0 million by 2027; it is expected to grow at a CAGR of 5.1% during the forecast period from 2019 to 2027.
The airless tire market is broadly segmented into five major regions—North America, Europe, APAC, MEA, and SAM. The most prominent region in the global airless tire market accounted for North America, followed by the Asia Pacific and Europe. The dominance of North America in the airless tire market is due to the fact that the region houses several airless tire manufacturers, who capitalize significantly on the research & development of the product. The US is the largest market in North America as well as the global airless tire market and is anticipated to dominate the market throughout the forecast period from 2019-2027. The airless tire market on a global scenario is poised to surge during the forecast period. The adoption of the airless tire in different geographies is growing steadily among various vehicle types. The advantages offered by the airless tires have been influencing several industries, including construction, agriculture, commercial, mining, and military. The airless tire market is at a nascent stage, and several well-established companies, as well as smaller players, are operating in the global market
Lucrative Regional Airless Tire Market
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Market Insights–Airless Tire Market
Escalation in the production of vehicles worldwide
Globally, the trend of urbanization is growing at an exponential growth rate. Due to this, the average disposal income of the population staying in urban cities is also increasing. The production of vehicles has witnessed a steady growth in the post-recession era since the year 2010. A key area is the heavy equipment and utility vehicles sector that is characterized by a high level of innovation activity and developments related to road safety. Increase in vehicles fleet has resulted in increase in accidents which is caused by various factors, such as inappropriate tire pressure. The heavy equipment that are equipped with airless tires are able to carry more weight and involve in more rugged activities compared to the pneumatic tires.
Type Segment Insights
Based on type, the radial tire segment dominated the global airless tire market in 2018. In In a radial tire design, the arrangement of cord plies are at 90 degrees to the direction of travel, or from the center of the tire (radially). A radial tire enables the tread and the sidewall to function as two independent features of the vehicle tire.
Material Segment Insights
Based on material, the rubber segment dominated the global airless tire market. A conventional tire is made of air enclosed rubber packed with the use of compressed air. The pneumatic tires are dominating the global market for tires.
Vehicle Type Segment Insights
Based on vehicle type, the utility vehicle segment held the largest share in global airless tire market in 2018. The utility vehicles include different type of vehicles that are used for numerous industry applications. These vehicles are designed and manufactured to carry out a specific tasks with more effectively and efficiently when compared to passenger vehicles.
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Airless Tire Market: Strategic Insights
Market Size Value in US$ 173.3 Million in 2018 Market Size Value by US$ 270.0 Million by 2027 Growth rate CAGR of 5.1% from 2019-2027 Forecast Period 2019-2027 Base Year 2019
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Airless Tire Market: Strategic Insights
| Market Size Value in | US$ 173.3 Million in 2018 |
| Market Size Value by | US$ 270.0 Million by 2027 |
| Growth rate | CAGR of 5.1% from 2019-2027 |
| Forecast Period | 2019-2027 |
| Base Year | 2019 |
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The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.
- In 2019, Michelin Tweel Technologies, a division of Michelin North America, Inc., has introduced a new 26-inch airless radial tire with a four-bolt wheel-pattern hub, designed for UTV (utility vehicle or utility task vehicle).
- In 2018, Michelin has entered into a partnership with General Motors to test and test the prototype Uptis to equip cars from 2024.
- In 2017, Toyo Tires has announced the development of “noair,” a neo-futuristic airless concept tire that does not require any filling of air.
The global airless tire market has been segmented as follows:
Airless Tire Market – By Type
- Radial Tire
- Bias Tire
Airless Tire Market – By Material
- Rubber
- Composite
Airless Tire Market – By Vehicle Type
- Terrain Vehicle
- Utility Vehicle
- Military Vehicle
Airless Tire Market- By Region
- North America
- US
- Canada
- Mexico
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
- South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Airless Tire Market – Companies Profiles
- Amerityre
- Bridgestone Corporation
- Continental
- Evolution Wheel
- Hankook Tire & Technology Co. Ltd.
- McLaren Industries
- Michelin
- Sumitomo Rubber Industries Ltd.
- The Goodyear Tire & Rubber Company
- Toyo Tire & Rubber Co. Ltd.,
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type ; Vehicle Type ; Material
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Airless Tire Market – By Type
1.3.2 Global Airless Tire Market – By Vehicle Type
1.3.3 Global Airless Tire Market – By Material
1.3.4 Global Airless Tire Market – By Geography
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Airless Tire Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America – PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific – PEST Analysis
4.2.4 Middle East and Africa – PEST Analysis
4.2.5 South America PEST Analysis
5. Airless Tire Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Rising need to address the concerns for flat tire and limit the downtime cost
5.1.2 Escalation in the production of vehicles worldwide
5.2 Key Market Restraint
5.2.1 High cost and less commercialization
5.2.2 Sluggish adoption rate in many countries
5.3 Opportunity
5.3.1 Growing Construction and Infrastructure Developments
5.4 Future Trends
5.4.1 Opportunistic market for passenger cars
5.5 Impact Analysis of Drivers and Restraints
6. Airless Tire Market – Global Analysis
6.1 Global Airless Tire Market Overview
6.2 Global Airless Tire Market Forecast and Analysis
7. Airless Tire Market Analysis – By Type
7.1 Overview
7.2 Airless Tire Market Breakdown, By Type, 2018 & 2027
7.3 Radial Tire
7.3.1 Overview
7.3.2 Radial Tire Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Bias Tire
7.4.1 Overview
7.4.2 Bias Tire Market Revenue and Forecasts to 2027 (US$ Mn)
8. Airless Tire Market Analysis– By Vehicle Type
8.1 Overview
8.2 Global Airless Tire Market Breakdown, By Vehicle Type, 2018 & 2027
8.3 Utility Vehicle
8.3.1 Overview
8.3.2 Utility Vehicle Market Forecast and Analysis
8.4 Terrain Vehicle
8.4.1 Overview
8.4.2 Terrain Vehicle Market Forecast and Analysis
8.5 Military Vehicle
8.5.1 Overview
8.5.2 Military Vehicle Market Forecast and Analysis
9. Airless Tire Market Analysis – By Material
9.1 Overview
9.2 Airless Tire Market Breakdown, By Material, 2018 & 2027
9.3 Rubber
9.3.1 Overview
9.3.2 Rubber Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Composite
9.4.1 Overview
9.4.2 Composite Market Revenue and Forecasts to 2027 (US$ Mn)
10. Global Airless Tire Market – Geographic Analysis
10.1 Overview
10.2 North America Airless Tire Market Revenue and Forecast to 2027
10.2.1 Overview
10.2.2 North America Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.2.3 North America Airless Tire Market Breakdown, By Type
10.2.4 North America Airless Tire Market Breakdown, By Vehicle Type
10.2.5 North America Airless Tire Market Breakdown, By Material
10.2.6 North America Airless Tire Market Breakdown, By Country
10.2.6.1 US Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.2.6.1.1 US Airless Tire System Market Breakdown, By Type
10.2.6.1.2 US Airless Tire Market Breakdown, By Vehicle Type
10.2.6.1.3 US Airless Tire Market Breakdown, By Material
10.2.6.2 Canada Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.2.6.2.1 Canada Airless Tire System Market Breakdown, By Type
10.2.6.2.2 Canada Airless Tire Market Breakdown, By Vehicle Type
10.2.6.2.3 Canada Airless Tire Market Breakdown, By Material
10.2.6.3 Mexico Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.2.6.3.1 Mexico Airless Tire System Market Breakdown, By Type
10.2.6.3.2 Mexico Airless Tire Market Breakdown, By Vehicle Type
10.2.6.3.3 Mexico Airless Tire Market Breakdown, By Material
10.3 Europe Airless Tire Market Revenue and Forecast to 2027
10.3.1 Overview
10.3.2 Europe Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.3.3 Europe Airless Tire Market Breakdown, By Type
10.3.4 Europe Airless Tire Market Breakdown, By Vehicle Type
10.3.5 Europe Airless Tire Market Breakdown, By Material
10.3.6 Europe Airless Tire Market Breakdown, By Country
10.3.6.1 Germany Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.3.6.1.1 Germany Airless Tire System Market Breakdown, By Type
10.3.6.1.2 Germany Airless Tire Market Breakdown, By Vehicle Type
10.3.6.1.3 Germany Airless Tire Market Breakdown, By Material
10.3.6.2 France Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.2.1 France Airless Tire System Market Breakdown, By Type
10.3.6.2.2 France Airless Tire Market Breakdown, By Vehicle Type
10.3.6.2.3 France Airless Tire Market Breakdown, By Material
10.3.6.3 Italy Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.3.1 Italy Airless Tire System Market Breakdown, By Type
10.3.6.3.2 Italy Airless Tire Market Breakdown, By Vehicle Type
10.3.6.3.3 Italy Airless Tire Market Breakdown, By Material
10.3.6.4 UK Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.4.1 UK Airless Tire System Market Breakdown, By Type
10.3.6.4.2 UK Airless Tire Market Breakdown, By Vehicle Type
10.3.6.4.3 UK Airless Tire Market Breakdown, By Material
10.3.6.5 Russia Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.5.1 Russia Airless Tire System Market Breakdown, By Type
10.3.6.5.2 Russia Airless Tire Market Breakdown, By Vehicle Type
10.3.6.5.3 Russia Airless Tire Market Breakdown, By Material
10.3.6.6 Rest of Europe Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.3.6.6.1 Rest of Europe Airless Tire System Market Breakdown, By Type
10.3.6.6.2 Rest of Europe Airless Tire Market Breakdown, By Vehicle Type
10.3.6.6.3 Rest of Europe Airless Tire Market Breakdown, By Material
10.4 Asia Pacific Airless Tire Market Revenue and Forecast to 2027
10.4.1 Overview
10.4.2 Asia Pacific Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.4.3 Asia Pacific Airless Tire Market Breakdown, By Type
10.4.4 Asia Pacific Airless Tire Market Breakdown, By Vehicle Type
10.4.5 Asia Pacific Airless Tire Market Breakdown, By Material
10.4.6 Asia Pacific Airless Tire Market Breakdown, By Country
10.4.6.1 China Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.4.6.1.1 China Airless Tire System Market Breakdown, By Type
10.4.6.1.2 China Airless Tire Market Breakdown, By Vehicle Type
10.4.6.1.3 China Airless Tire Market Breakdown, By Material
10.4.6.2 India Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.4.6.2.1 India Airless Tire System Market Breakdown, By Type
10.4.6.2.2 India Airless Tire Market Breakdown, By Vehicle Type
10.4.6.2.3 India Airless Tire Market Breakdown, By Material
10.4.6.3 Japan Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.4.6.3.1 Japan Airless Tire System Market Breakdown, By Type
10.4.6.3.2 Japan Airless Tire Market Breakdown, By Vehicle Type
10.4.6.3.3 Japan Airless Tire Market Breakdown, By Material
10.4.6.4 South Korea Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.4.6.4.1 South Korea Airless Tire System Market Breakdown, By Type
10.4.6.4.2 South Korea Airless Tire Market Breakdown, By Vehicle Type
10.4.6.4.3 South Korea Airless Tire Market Breakdown, By Material
10.4.6.5 Rest of APAC Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.4.6.5.1 Rest of APAC Airless Tire System Market Breakdown, By Type
10.4.6.5.2 Rest of APAC Airless Tire Market Breakdown, By Vehicle Type
10.4.6.5.3 Rest of APAC Airless Tire Market Breakdown, By Material
10.5 Middle East and Africa Airless Tire Market Revenue and Forecast to 2027
10.5.1 Overview
10.5.2 Middle East and Africa Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.5.3 Middle East and Africa Airless Tire Market Breakdown, By Type
10.5.4 Middle East and Africa Airless Tire Market Breakdown, By Vehicle Type
10.5.5 Middle East and Africa Airless Tire Market Breakdown, By Material
10.5.6 Middle East and Africa Airless Tire Market Breakdown, By Country
10.5.6.1 Middle East Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.5.6.1.1 Middle East Airless Tire System Market Breakdown, By Type
10.5.6.1.2 Middle East Airless Tire Market Breakdown, By Vehicle Type
10.5.6.1.3 Middle East Airless Tire Market Breakdown, By Material
10.5.6.2 Africa Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.5.6.2.1 Africa Airless Tire System Market Breakdown, By Type
10.5.6.2.2 Africa Airless Tire Market Breakdown, By Vehicle Type
10.5.6.2.3 Africa Airless Tire Market Breakdown, By Material
10.6 South America Airless Tire Market Revenue and Forecast to 2027
10.6.1 Overview
10.6.2 South America Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
10.6.3 South America Airless Tire Market Breakdown, By Type
10.6.4 South America Airless Tire Market Breakdown, By Vehicle Type
10.6.5 South America Airless Tire Market Breakdown, By Material
10.6.6 South America Airless Tire Market Breakdown, By Country
10.6.6.1 Brazil Airless Tire Market Revenue And Forecast To 2027 (Us$ Mn)
10.6.6.1.1 Brazil Airless Tire System Market Breakdown, By Type
10.6.6.1.2 Brazil Airless Tire Market Breakdown, By Vehicle Type
10.6.6.1.3 Brazil Airless Tire Market Breakdown, By Material
10.6.6.2 Rest of SAM Airless Tire Market Revenue And Forecast To 2027 (US$ Mn)
10.6.6.2.1 Rest of SAM Airless Tire System Market Breakdown, By Type
10.6.6.2.2 Rest of SAM Airless Tire Market Breakdown, By Vehicle Type
10.6.6.2.3 Rest of SAM Airless Tire Market Breakdown, By Material
11. Industry Landscape
11.1 Overview
11.2 Product & Technology Launch
11.3 Partnership
12. Airless Tire Market - Company Profile
12.1 Bridgestone Corporation
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Financial Overview
12.1.4 SWOT Analysis
12.1.5 Key Developments
12.2 Goodyear Tire & Rubber Company
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Financial Overview
12.2.4 SWOT Analysis
12.2.5 Key Developments
12.3 Michelin
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 Toyo Tire Corporation
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Financial Overview
12.4.4 SWOT Analysis
12.4.5 Key Developments
12.5 Evolution Wheel
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Financial Overview
12.5.4 SWOT Analysis
12.5.5 Key Developments
12.6 McLaren Industries Inc.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Financial Overview
12.6.4 SWOT Analysis
12.6.5 Key Developments
12.7 Amerityre
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Financial Overview
12.7.4 SWOT Analysis
12.7.5 Key Developments
12.8 Sumitomo Rubber Industries, Ltd.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Financial Overview
12.8.4 SWOT Analysis
12.8.5 Key Developments
12.9 Hankook Tire & Technology Co., Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Financial Overview
12.9.4 SWOT Analysis
12.9.5 Key Developments
12.10 Continental Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Financial Overview
12.10.4 SWOT Analysis
12.10.5 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Global Airless Tire Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. North America Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 3. North America Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 4. North America Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 5. North America Airless Tire Market Revenue and Forecast to 2027 – By Country (US$ Mn)
Table 6. US Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 7. US Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 8. US Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 9. Canada Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 10. Canada Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 11. Canada Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 12. Mexico Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 13. Mexico Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 14. Mexico Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 15. Europe Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 16. Europe Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 17. Europe Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 18. Europe Airless Tire Market Revenue and Forecast to 2027 – By Country (US$ Mn)
Table 19. Germany Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 20. Germany Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 21. Germany Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 22. France Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 23. France Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 24. France Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 25. Italy Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 26. Italy Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 27. Italy Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 28. UK Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 29. UK Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 30. UK Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 31. Russia Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 32. Russia Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 33. Russia Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 34. Rest of Europe Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 35. Rest of Europe Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 36. Rest of Europe Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 37. Asia Pacific Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 38. Asia Pacific Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 39. Asia Pacific Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 40. Asia Pacific Airless Tire Market Revenue and Forecast to 2027 – By Country (US$ Mn)
Table 41. China Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 42. China Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 43. China Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 44. India Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 45. India Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 46. India Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 47. Japan Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 48. Japan Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 49. Japan Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 50. South Korea Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 51. South Korea Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 52. South Korea Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 53. Rest of APAC Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 54. Rest of APAC Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 55. Rest of APAC Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 56. Middle East and Africa Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 57. Middle East and Africa Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 58. Middle East and Africa Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 59. Middle East and Africa Airless Tire Market Revenue and Forecast to 2027 – By Country (US$ Mn)
Table 60. Middle East Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 61. Middle East Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 62. Middle East Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 63. Africa Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 64. Africa Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 65. Africa Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 66. South America Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 67. South America Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 68. South America Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 69. South America Airless Tire Market Revenue and Forecast to 2027 – By Country (US$ Mn)
Table 70. Brazil Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 71. Brazil Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 72. Brazil Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 73. Rest of SAM Airless Tire Market Revenue and Forecast to 2027 – By Type (US$ Mn)
Table 74. Rest of SAM Airless Tire Market Revenue and Forecast to 2027 – By Vehicle Type (US$ Mn)
Table 75. Rest of SAM Airless Tire Market Revenue and Forecast to 2027 – By Material (US$ Mn)
Table 76. Glossary of Term: Airless Tire Market
LIST OF FIGURES
Figure 1. Airless Tire Market Segmentation
Figure 2. Airless Tire Market Segmentation - Geography
Figure 3. Global Airless Tire Market Overview
Figure 4. North America Held the Largest Share in Global Airless Tire Market in 2018
Figure 5. Global Airless Tire Market, By Geography ($Mn)
Figure 6. North America – pest Analysis
Figure 7. Europe – pest Analysis
Figure 8. Asia Pacific – PEST Analysis
Figure 9. Middle East And Africa – PEST Analysis
Figure 10. South America – PEST analysis
Figure 11. Airless Tire Market Impact Analysis of Driver and Restraints
Figure 12. Global Airless Tire Market- Geographical Analysis
Figure 13. Global Airless Tire Market Forecast and Analysis, (US$ Mn)
Figure 14. Airless Tire Market Breakdown, By Type, 2018 & 2027 (%)
Figure 15. Global Radial Tire Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Global Bias Tire Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 17. Global Airless Tire Market Breakdown, By Vehicle Type, 2018 & 2027 (%)
Figure 18. Global Utility Vehicle Market Revenue And Forecast To 2027(US$ Mn)
Figure 19. Global Terrain Vehicle Market Revenue And Forecasts To 2027(US$ Mn)
Figure 20. Global Military Vehicle Market Revenue And Forecasts To 2027(US$ Mn)
Figure 21. Airless Tire Market Breakdown, By Material, 2018 & 2027 (%)
Figure 22. Global Rubber Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 23. Global Composite Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 24. Global Airless Tire Market Breakdown, By Region, 2018 & 2027 (%)
Figure 25. North America Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 26. North America Airless Tire Market Breakdown, By Type, 2018 & 2027 (%)
Figure 27. North America Airless Tire Market Breakdown, By Vehicle Type, 2018 & 2027 (%)
Figure 28. North America Airless Tire Market Breakdown, By Material, 2018 & 2027 (%)
Figure 29. North America Airless Tire Market Breakdown, By Country, 2018 & 2027(%)
Figure 30. US Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 31. Canada Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 32. Mexico Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 33. Europe Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 34. Europe Airless Tire Market Breakdown, By Type, 2018 & 2027 (%)
Figure 35. Europe Airless Tire Market Breakdown, By Vehicle Type, 2018 & 2027 (%)
Figure 36. Europe Airless Tire Market Breakdown, By Material, 2018 & 2027 (%)
Figure 37. Europe Airless Tire Market Breakdown, By Country, 2018 & 2027(%)
Figure 38. Germany Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 39. France Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 40. Italy Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 41. UK Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 42. Russia Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 43. Rest of Europe Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 44. Asia Pacific Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 45. Asia Pacific Airless Tire Market Breakdown, By Type, 2018 & 2027 (%)
Figure 46. Asia Pacific Airless Tire Market Breakdown, By Vehicle Type, 2018 & 2027 (%)
Figure 47. Asia Pacific Airless Tire Market Breakdown, By Material, 2018 & 2027 (%)
Figure 48. Asia Pacific Airless Tire Market Breakdown, By Country, 2018 & 2027(%)
Figure 49. China Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 50. India Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 51. Japan Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 52. South Korea Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 53. Rest of APAC Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 54. Middle East and Africa Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 55. Middle East and Africa Airless Tire Market Breakdown, By Type, 2018 & 2027 (%)
Figure 56. Middle East and Africa Airless Tire Market Breakdown, By Vehicle Type, 2018 & 2027 (%)
Figure 57. Middle East and Africa Airless Tire Market Breakdown, By Material, 2018 & 2027 (%)
Figure 58. Middle East and Africa Airless Tire Market Breakdown, By Country, 2018 & 2027(%)
Figure 59. Middle East Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 60. Africa Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 61. South America Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 62. South America Airless Tire Market Breakdown, By Type, 2018 & 2027 (%)
Figure 63. South America Airless Tire Market Breakdown, By Vehicle Type, 2018 & 2027 (%)
Figure 64. South America Airless Tire Market Breakdown, By Material, 2018 & 2027 (%)
Figure 65. South America Airless Tire Market Breakdown, By Country, 2018 & 2027(%)
Figure 66. Brazil Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 67. Rest of SAM Airless Tire Market Revenue and Forecast to 2027 (US$ Mn)
Figure 68. Airless Tire Market, Industry Landscape (2016-2019) %
The List of Companies - Airless Tire Market
- Amerityre
- Bridgestone Corporation
- Continental Corporation
- Evolution Wheel
- Hankook Tire & Technology Co. Ltd.
- McLaren Industries
- Michelin
- Sumitomo Rubber Industries Ltd.
- The Goodyear Tire & Rubber Company
- Toyo Tire & Rubber Co. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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